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The videos of each session are available under the presentation tab on this page and also on the ECGI YouTube channel

Click here to download the programme

24 Hour Global Webinar hosted throughout:
Australia, Japan, South Korea, Singapore, China, Israel, Germany,
Sweden, United Kingdom, and USA
 

It is already clear that the COVID-19 pandemic will have dire economic consequences, and collective thought is being applied to what policies can better ensure societies’ resilience and their quick and dynamic recovery once the crisis is over. Corporate governance scholars can help devise sound and effective policies for this purpose. This global webinar convened scholars, practitioners and policymakers with the aim of sharing evidence-based insights for the common good.

Topics included, but were not limited to:
·         Corporate social responsibility in war-like times
·         Corporate governance digitalization
·         The role of institutional investors and stewardship
·         Takeover defences and M&A trends
·         Bond markets and bankruptcy 
·         Corporate purpose in times of crisis
·         The governance implications of emergency laws and government bailouts
·         Securities regulation (disclosure, short-selling bans, etc.)
·         ESG and Impact investing 
·         Systemic risk and financial stability following exogenous shocks

A collection of related articles by ECGI research members is available here

Event References:

GCGC/ECGI Global Webinar Series: Fed to the Rescue: Bankruptcy’s Role in the COVID-19 Crisis (Edward R. Morrison, Andrea C. Saavedra)

GCGC/ECGI Global Webinar Series: Wall Street CARES!: Who Gets the Hidden Subsidies Under the CARES Act? (John C. Coffee, Jr.)

GCGC/ECGI Global Webinar Series: The ECB’s response to the COVID-19 pandemic (Isabel Schnabel)

GCGC/ECGI Global Webinar Series: How Banks and Fintechs Can Help Small Businesses Survive COVID-19 (Todd Baker, Kathryn Judge)

GCGC/ECGI Global Webinar Series: Easing the economic aftermath of a global pandemic (Mark Roe, John Coates)

GCGC/ECGI Global Webinar Series: Bankruptcy and the coronavirus (David Skeel)

GCGC/ECGI Global Webinar Series: Extreme times, Extreme Measures: Pandemic-Resistant Corporate Law (Luca Enriques)

GCGC/ECGI Global Webinar Series- Fed to the Rescue: Unprecedented Scope, Stretched Authority (Lev Menand)

Insider Trading Data Reveals Pandemic Is a Time for Questioning, Not Answering
 (Renée Adams, Attila Balogh)

GCGC/ECGI Global Webinar Series: Corona and Financial Stability 4.0: Implementing a European Pandemic Equity Fund (Arnoud Boot, Elena Carletti, Hans-Helmut Kotz, Jan Pieter Krahnen, Loriana Pelizzon ,Marti Subrahmanyam)

GCGC/ECGI Global Webinar Series: How to Rescue Startups During the Pandemic (Dorothea Ringe, Wolf-Georg Ringe)

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The schedule for the event was as follows:

Time

(Melbourne) AEST

 

Local time

 

University

09:00 – 11:00

 

Monash University, Melbourne

11:30 – 13:30

10:30 – 12:30 JST/KST

University of Tokyo

Seoul National University

14:00 – 16:00

12:00 – 14:00 GMT+8 /CST

National University of Singapore

Peking University

16:30 – 18:30

09:30 – 11:30 IDT

Tel Aviv University

IDC Herzliya, Israel

19:00 – 21:00

11:00 – 13:00 CEST

Goethe University Frankfurt

21:30 – 23:30

13:30 – 15:30 CEST

Swedish House of Finance

00:00 – 02:00

15:00 – 17:00 BST

University of Oxford

Imperial College London

02:15 – 04:15

12:15 – 14:15 EDT

Columbia University

04:30 – 06:30

14:30 – 16:30 EDT

Harvard University

07:00 – 09:00

14:00 – 16:00 PDT

Stanford University 

Yale University

The sessions were recorded and are published on the ECGI website.

An initiative of ECGI and the Global Corporate Governance Colloquia (GCGC).

Queries to be directed to: Webinars@ecgi.org 

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Programme

Thursday 16 April 2020

-

Monash University session - (local time 09:00-11:00 AEST)

-

Panel 1: The differential health, economic and financial effects of the COVID-19 crisis

Panelist(s)

Diana Nicholson
John Laker
Stephen Turner
Malcolm Edey
-

Panel 2: The impact of the COVID-19 crisis on boards of directors and regulators

Panelist(s)

Priscilla Bryans
Kevin McCann
Sylvia Falzon
John Price
-

Q&A

-

Break

-

Seoul National University and University of Tokyo session - (local time 10:30 – 12:30 KST/JST)

-

Business continuity planning during the COVID-19 crisis

Moderator

Ok-Rial Song

Speaker(s)

Tomoyo Matsui

Panelist(s)

Tomoyo Matsui
-

Prevention of pandemic and CSR in times of COVID-19

Speaker(s)

-

The COVID-19 pandemic crisis as a MAC

Speaker(s)

Kyung-Hoon Chun
-

COVID-19 crisis and family succession

Speaker(s)

-

Q&A

-

Discussants of Seoul National University and University of Tokyo session

Discussant

Jungyeun Kim
Jon Jungbien Moon
Joon Hyug Chung
Hidefusa Iida
Takahito Kato
Hiroyuki Kansaku
Hideaki Miyajima
-

Break

-

National University of Singapore and Peking University session - (local time 12:00 – 14:00 GMT+8 /CST)

-

COVID-19: The start of history for Asian corporate law?

Speaker(s)

-

Asset managers and private entrepreneurial activities post-COVID-19

Speaker(s)

Johan Sulaeman
-

Role of the board in times of crisis and disruption

Speaker(s)

-

Capital requirements, share buybacks and resilience

Speaker(s)

Hans Tjio
-

Is the glass half full or half empty? Corporate social responsibilities in crisis times

Speaker(s)

Weina Zhang
-

Q&A

-

Transparency and information disclosure: accounting irregularities of overseas listed Chinese firms

Speaker(s)

Liyan Wang
-

Corporate Governance after COVID-19

Speaker(s)

Li Jin
-

Pursuing the new order for Chinese capital market

Speaker(s)

Li Guo
-

Q&A

-

Break

-

Tel Aviv University session - (local time 09:30 – 11:30 IDT)

-

Q&A

-

Break

-

Goethe University Frankfurt session - (local time 11:00 – 13:00 CEST)

-

Panel 1: Central Bank responses: Transmission mechanisms

Moderator

Hans-Helmut Kotz

Panelist(s)

Isabel Schnabel
Lucrezia Reichlin
-

Q&A

-

Break

-

Swedish House of Finance session (local time 13:30 – 15:30 CEST)

-

Panel 1: The Swedish COVID-19 policy response

Moderator

Panelist(s)

Johan Giesecke
Anna Kinberg Batra
Per Krusell
-

Q&A

-

Break

-

University of Oxford and Imperial College London session - (local time 15:00 – 17:00 BST)

-

Panel 1: Supporting SMEs during the pandemic

Panelist(s)

Diana Bonfim
Karen Mills
Juanita Gonzalez Uribe
Ramana Nanda
-

Q&A

-

Break

-

Columbia University session - (local time 12:15 – 14:15 EDT)

I. Government responses to the pandemic crisis

-

The Fed to the rescue: Unprecedented scope; stretched authority

Speaker(s)

Lev Menand
-

The role of the Fed in containing the fallout: Made central but now exposed

Speaker(s)

-

What Wall Street got from the CARES Act

Speaker(s)

-

How to help small businesses survive COVID-19

Speaker(s)

Todd Baker

II. Private responses to the pandemic crisis

-

COVID-19 as a force majeure in corporate transactions

Speaker(s)

III. Enduring questions through the pandemic lens

-

Corporate finance in the age of shadow banking

-

Short selling and short selling disclosure in a pandemic

Speaker(s)

-

Shareholder value, systematic stewardship, and the missing government

Speaker(s)

-

Q&A

-

Break

-

Harvard University session - (local time 14:30 – 16:30 EDT)

COVID-19, corporate finance stress, and bankruptcy

-

Macro costs of clogged bankruptcy courts?

Speaker(s)

-

Forecasting bankruptcy court congestion

Speaker(s)

Benjamin Iverson
-

Bailouts to bankruptcy

Speaker(s)

Edward Morrison
-

The case against (ordinary) bankruptcy

Speaker(s)

-

Current bankruptcy practice and outdated bankruptcy law

Speaker(s)

-

Discussants of Harvard University session

Discussant

Adi Sunderam
Kristin W. Mugford
-

Q&A

-

Break

Stanford University and Yale University session - (local time 14:00 – 15:20 PDT)

-

Managing through the pandemic: Silicon Valley firms general counsels' perspective

Speaker(s)

Louise Pentland
-

Q&A

Ends

Speakers

Jennifer G. Hill

Bob Baxt AO Chair in Corporate and Commercial Law
Monash University
Research Member

Woochan Kim

Professor of Finance
Korea University Business School
Research Member

Luh Luh Lan

Associate Professor
National University of Singapore
Research Member

Dan Puchniak

Professor
Singapore Management University, Yong Pung How School of Law
Research Member

Amir Licht

Professor of Law
Harry Radzyner Law School, Interdisciplinary Center Herzliya
Research Member

Ian Ramsay

Redmond Barry Distinguished Professor Emeritus
University of Melbourne
Research Member

Kristin van Zwieten

Clifford Chance Associate Professor of Law and Finance
Law Faculty, University of Oxford
Research Member

Eugene Kandel

Director, Center for Corporate Governance
Hebrew University of Jerusalem
Research Member

Tobias Tröger

Professor of Private Law, Commercial and Business Law
Leibniz Institute SAFE, Goethe University Frankfurt, House of Finance
Research Member

Lucrezia Reichlin

Professor of Economics
London Business School, Centre for Corporate Governance
Research Member

Jan Pieter Krahnen

Professor of Finance
Center for Financial Studies (CFS), Leibniz Institute SAFE, Goethe University Frankfurt
Research Member

Yishay Yafeh

Professor
School of Business Administration, the Hebrew University of Jerusalem
Research Member

Luca Enriques

Professor of Corporate Law
University of Oxford
Fellow, Research Member

John Armour

Professor of Law and Finance
University of Oxford, Faculty of Law
Fellow, Research Member

Petra Hedengran

General Counsel and Head of Corporate Governance and Compliance
Investor AB

Colin Mayer

Emeritus Professor of Management Studies
Blavatnik School of Government and Saïd Business School, University of Oxford
Fellow, Research Member

Renée Adams

Professor of Finance
University of Oxford
Fellow, Research Member

Jeffrey Gordon

Richard Paul Richman Professor of Law and Co-Director, Millstein Center for Global Markets and Corporate Ownership
Columbia Law School
Fellow, Research Member

Kathryn Judge

Harvey J. Goldschmid Professor of Law
Columbia Law School
Research Member

John Coffee

Adolf A. Berle Professor of Law
Columbia Law School
Fellow, Research Member

Katharina Pistor

Michael I. Sovern Professor of Law
Columbia Law School
Fellow, Research Member

John Coates

John F. Cogan, Jr. Professor of Law and Economics, Research Director, Center on the Legal Profession
Harvard Law School / Harvard Business School
Fellow, Research Member

Mark Roe

David Berg Professor of Law
Harvard Law School
Fellow, Research Member

Luigi Zingales

Robert C. McCormack Professor Entrepreneurship & Finance
University of Chicago, Booth School of Business
Fellow, Research Member

David Skeel

S. Samuel Arsht Professor of Corporate Law
University of Pennsylvania - School of Law
Research Member

Jonathan Macey

Sam Harris Professor of Corporate Law, Securities Law and Corporate Finance
Yale Law School
Research Member

Ronald Gilson

Charles J. Meyers Professor of Law and Business
Columbia Law School & Stanford Law School
Fellow, Research Member

Contact

Elaine McPartlan
European Corporate Governance Institute (ECGI)
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